Jeddah’s hotel sector recorded strong growth in September 2026, boosted by the Gulf Cup, with occupancy rising 35.6% year-on-year to 65.5%, according to preliminary CoStar data.
Revenue per available room increased 53.3%
to SAR393.87 ($104.88), while average daily rates rose 13% to SAR601.49.
The market recorded its highest September
occupancy since 2018.
On September 23, the Gulf Cup’s opening
day, occupancy peaked at 78.3%, average daily rates reached SAR688.72 and
revenue per available room hit SAR539.08.
The IN ACT IX Concert on September 11 also
lifted occupancy to 63.9%. -TradeArabia News Service